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Updated from 7:02 a.m. EST
Jim Cramer continues to tell investors that they need to stay defensive in this bear market. He says that now isn't the time to be taking a lot of risk or investing too heavily in equities with the economic outlook so uncertain.
Cramer has been persistent about recommending only the high-yielding stocks, companies trading at or near their cash levels and recession-resistant plays with good dividends. He says these types of stocks are the best places for investors to hide in a recessionary environment.
Cramer insists that no matter what the market throws at him, he'll always be able to find a bull market somewhere. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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